Search Results - subject:"Capital Reallocation"

Frictional capital reallocation I : ex ante heterogeneity

Wright, Randall D.; Xiao, Sylvia Xiaolin; Zhu, Yu - In: Journal of economic dynamics & control 89 (2018), pp. 100-116

Persistent link: https://www.econbiz.de/10011973963

Trade and credit reallocation : how banks help shape comparative advantage

Keuschnigg, Christian; Kogler, Michael - 2018

Persistent link: https://www.econbiz.de/10012110055

Tarnishing the golden and empire states : land-use restrictions and the U.S. economic slowdown

Herkenhoff, Kyle; Ohanian, Lee E.; Prescott, Edward C. - In: Journal of monetary economics 93 (2018), pp. 89-109

Persistent link: https://www.econbiz.de/10012102966

Growing through the merger and acquisition

Xu, Jianhuan - In: Journal of economic dynamics & control 80 (2017), pp. 54-74

Persistent link: https://www.econbiz.de/10011817625

Adverse Selection and Liquidity Distortion in Decentralized Markets

Chang, Briana - Center for Mathematical Studies in Economics and … - 2011

liquidity. The resulting friction therefore prohibits resources from reallocating efficiently. In the application of capital … reallocation, we further show that this trading friction can generate significant economic fluctuations. …

Persistent link: https://www.econbiz.de/10008805635

Adverse selection and liquidity distortion in decentralized markets

Chang, Briana - 2010

Persistent link: https://www.econbiz.de/10010282911

Essays on investment and adverse selection

Cooper, Russell W. (contributor); Corbae, Dean (contributor) - 2009

that capital reallocation, or used capital expenditure, is pro-cyclical. In a general equilibrium framework, the third …

Persistent link: https://www.econbiz.de/10009429289

Financial Frictions on Capital Allocation: A Transmission Mechanism of TFP Fluctuations

Chen, Kaiji; Song, Zheng - Volkswirtschaftliche Fakultät, … - 2009

This paper provides a theory of financial frictions as a transmission mechanism for primitive shocks to translate into aggregate TFP fluctuations. In our model, financial frictions distort existing capital allocation across different production units, rather than investment in new capital. News...

Persistent link: https://www.econbiz.de/10005052173

Sectoral bubbles, misallocation, and endogenous growth

Miao, Jianjun; Wang, Pengfei - In: Journal of Mathematical Economics 53 (2014) C, pp. 153-163

investment efficiency. Sectoral bubbles also have a capital reallocation effect in the sense that bubbles in a sector attract …

Persistent link: https://www.econbiz.de/10010931620

Capital reallocation and adverse selection

Li, Shaojin; Whited, Toni Marion - 2014

We investigate how adverse selection in the used capital market generates procyclical sales of used capital -- capital … reallocation. In our model, adverse selection produces a resale discount for used capital. In equilibrium, this endogenous partial …

Persistent link: https://www.econbiz.de/10010483664